Routine Neutral

2026-10-07 21:28

- Inspection and search proceedings under Section 67 of the Maharashtra Goods and Services Tax Act, 2017 were initiated at the company's offices and manufacturing units in Maharashtra on October 1, 2026. - The proceedings concluded peacefully on October 6, 2026, with full cooperation from the company. - The company stated there is no material impact on its financials or business operations at present.

Routine Neutral

2026-10-01 19:30

CRITICAL RED FLAG DETECTED

- Maharashtra State GST officials initiated an inspection/search proceeding under Section 67 of the MGST Act, 2017 at the company's offices and manufacturing units in Maharashtra on October 1, 2026. - The company is extending full cooperation to the authorities. - No communication regarding violations has been made yet, and there is no material impact on financials or operations at present.

Business Update Positive

2026-10-01 16:29

- Sudarshan Chemical Industries Limited completed the acquisition of 36,68,036 equity shares (15.89% stake) of Sudarshan Colorants India Limited from its wholly-owned subsidiary, Sudarshan Europe B.V. - The aggregate consideration for this tranches of acquisition is INR 150,75,62,796. - This is part of the broader proposed acquisition of 70.26% total shareholding in the Target Company as previously disclosed.

Business Update Positive

2026-09-28 17:17

- Sudarshan Chemical Industries Limited executed a share purchase agreement on 28th September 2026 to acquire 36,68,036 equity shares (15.89% stake) of Sudarshan Colorants India Limited from Sudarshan Europe B.V. - The aggregate consideration for this acquisition is INR 150,75,62,796. - The transaction is proposed to be consummated on or after 29th September 2026.

Routine Neutral

2026-09-28 17:09

- Trading window closed from October 1, 2026, for designated persons and immediate relatives. - Closure remains until 48 hours after the announcement of Q2 FY27 unaudited financial results. - Board meeting date to approve results will be intimated in due course.

Business Update Neutral

2026-09-26 11:23

Concall Schedule Concall Date: 30th September, 2026 Concall Time: 05:00 P.M. (IST)

Business Update Neutral

2026-09-24 21:35

Concall Schedule Concall Date: 29th September, 2026 Concall Time: 11:00 A.M. (IST) onwards

Governance Positive

2026-09-21 22:37

- Board of Directors approved the appointment of Mr. Amit Deshpande as General Counsel and Senior Management Personnel, effective September 21, 2026. - Mr. Deshpande has over 24 years of experience in company law, M&A, and regulatory compliance, strengthening the management team.

Business Update Positive

2026-09-11 15:29

- Crisil has reaffirmed its 'Crisil A1+' rating for Sudarshan Chemical Industries Limited's ₹50 Crore Commercial Paper. This reflects strong liquidity, improved Q1 FY27 consolidated revenue (▲5.4% YoY to ₹2,642Cr) and EBITDA margin (10.1% vs 6.6% YoY), and expected debt reduction from the proposed sale of VP4 Frankfurt GmbH for EUR 76.5 million.

Business Update Neutral

2026-09-11 11:51

- Sudarshan Chemical Industries Limited received an independent ESG rating of 'Crisil ESG 53' and 'Crisil Core ESG 55' from Crisil ESG Ratings & Analytics Limited on September 10, 2026. - The ratings are based on data from Financial Year 2025-26. - The company did not engage Crisil for this independent rating.

Business Update Positive

2026-09-02 23:17

- Sudarshan Chemical issued an errata to its Investors Presentation regarding the sale of its 100% stake in VP4 Frankfurt GmbH for EUR 76.5 Mn. - The correction on slide 3 clarifies the involvement of "Mitsui & Co." in the deal. - The divestment is expected to strengthen the balance sheet, be used for acquisition loan prepayment, and make the company zero net debt/positive cash.

Governance Negative

2026-09-01 17:43

CRITICAL RED FLAG DETECTED

- Mr. Mandar Velankar has resigned from his roles as General Counsel, Company Secretary, Compliance Officer, Nodal Officer, Key Managerial Personnel, and Senior Management Personnel of Sudarshan Chemical Industries Limited. - His resignation is effective September 1, 2026, to pursue career opportunities outside the organization. - The company has initiated the process to fill the resultant vacancy.

Governance Negative

2026-09-01 17:40

CRITICAL RED FLAG DETECTED

- Mr. Mandar Velankar resigned as General Counsel, Company Secretary, Compliance Officer, Nodal Officer, Key Managerial Personnel, and Senior Management Personnel. - Resignation is effective 1st September, 2026. - The company is in the process of filling the vacancy.

Business Update Positive

2026-09-01 13:48

- Sudarshan Chemical Industries announced the sale of 100% stake in VP4 Frankfurt GmbH for EUR 76.5 Mn to Celanese US Holdings LLC. - Proceeds will prepay acquisition loan, making the company zero net debt/positive cash. - This strengthens focus on core pigments, with a long-term Diketene supply contract secured.

Business Update Positive

2026-09-01 02:15

- Sudarshan Chemical Industries Limited divested its step-down subsidiary VP4 Frankfurt GmbH to Celanese Corporation, USA. - This strategic move aims to sharpen the company's focus on its core pigments business. - VP4 Frankfurt, a manufacturer of intermediates, primarily served Nutrinova, an affiliate of Celanese.

Business Update Positive

2026-09-01 02:11

- Sudarshan Chemical Industries Limited announced the sale of 100% stake in its step-down wholly-owned subsidiary, VP4 Frankfurt GmbH, to Celanese US Holdings LLC. - The sale consideration is EUR 76.5 million. - The divestment aims to sharpen the company's focus on its core pigment business, as VP4 Frankfurt contributed 1.64% to consolidated revenue.

Ownership Neutral

2026-08-28 11:57

- The Allotment Committee of the Board of Directors of Sudarshan Chemical Industries Limited approved the allotment of 8,781 equity shares of face value Rs. 2/- each on August 28, 2026. - These shares were allotted to grantees who exercised their options under the Sudarshan Employee Stock Option Plan 2018 at an exercise price of Rs. 349.35/- per share.

Routine Neutral

2026-08-27 17:56

New Filing detected. See link for details.

Business Update Positive

2026-08-25 13:39

- Sudarshan Chemical Industries, through its European subsidiary, is acquiring Clariant's aluminium dyes and chemicals manufacturing plant in Muttenz, Switzerland. - The acquisition secures direct ownership of the plant which has historically produced Sudarshan's Aluminium Dyes portfolio. - Completion is expected on or around 4 January 2027. - This move provides Sudarshan with better control over processes, capacity, and future innovations.

Business Update Positive

2026-08-25 06:26

- Sudarshan Chemical Industries Limited, through its step-down wholly-owned subsidiary Sudarshan Switzerland SLO AG, signed a definitive Asset Sale and Transfer Agreement on August 24, 2026. - The agreement is with Clariant Additives (Switzerland) AG to acquire its aluminium dyes and chemicals manufacturing plant in Muttenz, Switzerland. - The acquisition converts a supply relationship for brands like Sanodal®, Sanodure®, Sanodye®, and Anodal® into direct ownership. - The consideration for the acquisition is a base price of seven million Swiss Francs (CHF 7,000,000) plus inventory value.

Business Update Positive

2026-08-20 10:52

- Q1 FY2027 saw strong performance with Revenue from operations at ₹2,642 Crores and Reported EBITDA at ₹266 Crores, marking approximately 60% YoY growth. Focus on continuous value capture and cost reduction as key drivers. - Net debt significantly reduced from a peak of ₹922 Crores to ₹531 Crores in less than 18 months. - Management reaffirmed FY2027 turnover guidance of EUR 700 million and EBITDA of EUR 35 million for the acquired group, exercising caution due to geopolitical factors despite a stronger Q1. - Aspiration to reach 7x EBITDA of 2023 and achieve a debt-free status, with acquired business margins targeted to reach double digits by FY2029. - RIECO business faced challenges in Q1 but recovery is expected in coming quarters, alongside ongoing SAP integration and organizational improvements.

Business Update Positive

2026-08-13 15:04

- Earnings Call and Investor Presentation for Q1FY27 results scheduled for Friday, August 14, 2026, at 09:30 a.m. (IST). - The company provided FY27 guidance: Revenue ₹9,800-10,200 Cr, EBITDA ~₹800 Cr, Net Debt ~₹500 Cr. - FY29 guidance includes Revenue ₹12,000-14,000 Cr, EBITDA ₹1,400-1,500 Cr, and becoming Cash positive.

Financials Positive

2026-08-12 20:40

- Q1 FY27 Consolidated Revenue ₹2,642.1Cr vs ₹2,506.9Cr (▲5.4% YoY) - EBITDA ₹258.8Cr vs ₹192.4Cr (▲34.5% YoY) - PAT ₹103.4Cr vs ₹55.0Cr (▲88.0% YoY) - EBITDA Margin 9.8% vs 7.7% (▲210bps) - The Board also granted in-principle approval for the acquisition of 70.26% equity shares in Sudarshan Colorants India Limited (a step-down subsidiary) as an internal group restructuring to hold shares directly.

Financials Positive

2026-08-12 20:40

- Q1 FY27 Consolidated Revenue ₹2,642.1Cr vs ₹2,506.9Cr (▲5.4% YoY) - EBITDA ₹258.8Cr vs ₹192.4Cr (▲34.5% YoY) - PAT ₹103.4Cr vs ₹55.0Cr (▲87.1% YoY) - EBITDA Margin 9.8% vs 7.7% (▲210bps) - In-principle approval for the acquisition of 70.26% stake in Sudarshan Colorants India Limited (a step-down subsidiary) from other group entities for internal restructuring.

Business Update Neutral

2026-08-10 17:32

- Concall Schedule - Concall Date: 14th August 2026 - Concall Time: 09:30 a.m. (IST) - Purpose: To discuss Unaudited Financial Results for the quarter ended 30th June 2026 (1QFY27).

Routine Neutral

2026-08-06 14:09

- Communication on Tax Deduction at Source (TDS) for Final Dividend of ₹5.00 per share for FY 2025-26. - Dividend is subject to AGM approval on August 18, 2026. - Record date for dividend is August 11, 2026, with payment by September 8, 2026. - Details on applicable TDS rates and required documents for shareholders are provided.

Financials Positive

2026-07-27 17:40

- Consolidated Revenue ₹9,787Cr vs ₹3,346Cr (▲192.5% YoY) - EBITDA ₹579Cr vs ₹402Cr (▲44.03% YoY) - EBITDA Margin 5.9% vs 12.0% (▼610bps) - A Final Dividend of ₹5.00/- (250%) per equity share has been recommended for FY 2025-26. - The 75th Annual General Meeting (AGM) is scheduled for Tuesday, 18th August, 2026 at 4:00 p.m. (IST).

Financials Positive

2026-07-27 17:32

- Consolidated Revenue ₹9,787 Cr vs ₹3,346 Cr (▲193% YoY) for FY26 vs FY25, significantly boosted by the acquisition of the Heubach Group in March 2025. - EBITDA ₹579 Cr vs ₹402 Cr (▲44% YoY) for FY26 vs FY25. - EBITDA Margin 5.9% vs 12.0% (▼610 bps) for FY26 vs FY25, partly due to integration costs. - The Board recommended a Final Dividend of ₹5.00/- per Equity Share (250%) for FY 2025-26. - The 75th Annual General Meeting (AGM) is scheduled for Tuesday, August 18, 2026.

Governance Positive

2026-07-27 17:22

- Sudarshan Chemical Industries Limited will hold its 75th Annual General Meeting (AGM) on Tuesday, August 18, 2026, at 4:00 PM (IST) via video conferencing. - The Board recommended a Final Dividend of ₹5.00/- per Equity Share for FY 2025-26. - The Record Date for the dividend is Tuesday, August 11, 2026, with payment on or before September 8, 2026. - The Annual Report and Business Responsibility and Sustainability Report for FY 2025-26 were also submitted.

Financials Positive

2026-07-27 17:08

- Consolidated Revenue for FY26 was ₹9,787 Cr vs ₹3,346 Cr in FY25 (▲192.5% YoY), significantly boosted by the acquisition of Heubach Group. - Consolidated EBITDA for FY26 was ₹579 Cr vs ₹402 Cr in FY25 (▲44.0% YoY). - EBITDA Margin for FY26 was 5.9% vs 12.0% in FY25 (▼610 bps). - The Board recommended a Final Dividend of ₹5.00 per Equity Share (250%) for FY 2025-26. - The 75th Annual General Meeting (AGM) is scheduled for Tuesday, 18th August, 2026, where the Annual Report for FY25-26 will be presented.

Routine Neutral

2026-06-29 14:09

- Trading window closed from July 1, 2026, until 48 hours after Q1 FY27 results announcement. - This is for Unaudited Financial Results for the quarter ended June 30, 2026. - Board Meeting date for approval will be communicated in due course.

Business Update Neutral

2026-06-26 17:54

- Concall Schedule - Concall Date: 29th June, 2026 - Concall Time: 11:30 A.M. (IST) - Meeting Type: In-person one-on-one with Axis Capital Limited.

Business Update Neutral

2026-06-24 16:45

- Concall Schedule - Concall Date: 30th June, 2026 - Concall Time: 10:30 A.M. (IST) - Meeting with: Aditya Birla Sunlife Mutual Fund (In-person one-on-one)

Business Update Neutral

2026-06-24 16:39

- Concall Schedule - Concall Date: 26th June, 2026 - Concall Time: 11:00 A.M. (IST)

Business Update Neutral

2026-06-16 22:30

- Intimation of an in-person meeting with Mahindra Manulife Mutual Fund. - Scheduled for June 18, 2026, at 09:00 A.M. (IST). - No Unpublished Price Sensitive Information will be discussed during the meeting.

Ownership Positive

2026-06-16 16:28

- Chairman & MD, Rajesh Rathi, converted 9,80,000 warrants into equity shares at ₹1,019.75 each (16% premium to market price on June 10, 2026). - This action increased the promoter group holding from 8.19% to 9.32% and completed a capital commitment of close to ₹100 crore. - Mr. Rathi expressed strong confidence in the company's future and long-term commitment.

Business Update Neutral

2026-06-15 21:35

- Concall Schedule - Concall Date: 17th June, 2026 - Concall Time: 02:00 P.M. (IST) - Interaction with: Abakkus Diversified Alpha Fund via Video Conference (one-on-one Meeting)

Business Update Positive

2026-06-15 16:06

- Sudarshan Chemical Industries inaugurated its second global head office in Frankfurt, Germany, on June 9, 2026. - The 21,000 sq ft office signifies post-acquisition growth ambitions and long-term commitment to Germany/Europe after the Heubach Group acquisition.

Business Update Neutral

2026-06-12 21:15

- Concall Schedule - Concall Date: 17th June, 2026 - Concall Time: 03:30 P.M. (IST)

Ownership Positive

2026-06-10 18:48

- Sudarshan Chemical Industries allotted 9,80,000 equity shares to promoter Mr. Rajesh Balkrishna Rathi at ₹1,019.75 per share, upon conversion of warrants. This increased the paid-up equity capital and the promoter's stake from 8.19% to 9.32%.

Ownership Positive

2026-06-10 18:45

- Sudarshan Chemical Industries Limited allotted 9,80,000 equity shares of face value ₹2/- each to Mr. Rajesh Balkrishna Rathi (promoter) upon conversion of warrants. - The promoter had paid the remaining 75% consideration of ₹74,95,13,800. - Post-allotment, the promoter's stake increased from 8.19% to 9.32%.

Ownership Neutral

2026-06-10 18:44

- Allotment of 9,80,000 Equity Shares to promoter Mr. Rajesh Balkrishna Rathi on June 10, 2026, upon conversion of warrants. - The remaining 75% consideration of ₹74.95 Cr was remitted. - Promoter's shareholding increased from 8.19% to 9.32% post-allotment.

Business Update Positive

2026-06-04 18:31

- Q4 Performance (Acquired Group): Achieved Business EBITDA of Euro 11 million against a projection of Euro 9-10 million. - Inventory Reduction: Reduced inventory by Euro 29 million, exceeding the planned Euro 20 million reduction. - Net Debt: Group net debt reduced from INR934 crores (Dec '25) to INR755 crores (March '26), with a net debt-to-equity ratio of 0.3x. - RIECO FY26 Performance: Revenue grew 17.5% YoY to INR268 crores; EBITDA turned positive to INR10 crores from negative INR17 crores. - Integration & Synergies: Targeting EUR 90-100 million in synergies over 3-4 years; expecting EUR 35 million EBITDA from the acquired group in FY27. - Legacy Business Outlook: Projecting 8-10% volume growth for the current year (FY27) with maintained healthy margins. - Capacity & Growth: Sufficient capacity headroom in both legacy and acquired businesses to support future growth without significant new capital expenditure for volumes. - Operational Strategy: Actively passing on increased raw material, energy, and logistics costs to customers while leveraging global footprint and value capture initiatives. - Strategic Initiatives: Exploring disposal of non-core assets and progressing with One SAP Drive project Integra.

Financials Positive

2026-05-25 19:23

Standalone Revenue ₹732.7 Cr vs ₹703.6 Cr (▲4.1% YoY), EBITDA ₹157.0 Cr vs ₹59.9 Cr (▲162.1% YoY), PAT ₹120.4 Cr vs ₹22.4 Cr (▲437.5% YoY). EBITDA Margin expanded from 8.5% to 21.4% (▲1292bps). The board also recommended a final dividend of ₹5/- per equity share (250%) for the financial year 2025-26.

Financials Positive

2026-05-25 19:18

Standalone Revenue ₹732.7Cr vs ₹703.6Cr (▲4.1% YoY), EBITDA ₹157.0Cr vs ₹59.9Cr (▲162.1% YoY), PAT ₹120.4Cr vs ₹22.4Cr (▲437.5% YoY). EBITDA Margin 21.4% vs 8.5% (▲1292bps). The Board also recommended a final dividend of ₹5/- per equity share for FY 2025-26, and approved the appointment of Internal and Cost Auditors for FY 2026-27.

Financials Positive

2026-05-25 19:14

Consolidated Revenue ₹2,789.9Cr vs ₹1,349.4Cr (▲107% YoY), EBITDA ₹227.4Cr vs ₹127.0Cr (▲79% YoY), PAT ₹82.5Cr vs ₹0.4Cr (▲20525% YoY) for the quarter ended 31st March 2026. EBITDA Margin 8.15% vs 9.41% (▼126bps). The Board also recommended a final dividend of ₹5/- per equity share for FY26.

Routine Neutral

2026-05-21 19:22

New Filing detected. See link for details.

Ownership Neutral

2026-04-27 18:01

On April 27, 2026, Sudarshan Chemical Industries Limited allotted 15,640 equity shares of face value Rs. 2/- each, at an exercise price of Rs. 349.35/-, to grantees who exercised options under the Employee Stock Option Plan 2018.

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Sudarshan Chemical Industries Limited

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